Apple Education Finance Special Programs from TEQlease Capital, an Authorized Apple Financial Services Funding Partner, provide schools with several long – term and short – term lease options.
Our lease financing solutions are customized to your specific needs and requirements. These solutions include lease and lease purchase programs for:
- Charter schools and schools in operation for less
than 5 years - Private schools
- Parochial schools, including Diocese – wide programs
- Large schools and district – wide programs
- Lease transactions for Apple equipment with a total
cost of less than $150,000 - Short term rental programs
We provide customized lease financing solutions that maximize flexibility to meet your needs. Flexible terms make it easy to upgrade and finance multiple Apple products at the same time.
- Select the payment schedule that fits your budget
cycle: annual, semiannual, quarterly or monthly. - Select a $1 Purchase Option Lease or a Fair Market
Value Lease or a lease tailored to your technology
budget. - Include software, upgrades, support and training in
your lease payment.
Here are some of our customized programs:
The charter school and newer school lease program is a 36 month FMV lease program intended to help schools with limited financial information lease Apple products. Special information requirements and terms may apply.
The small and medium size school lease program is designed to assist schools with lease transactions under $150,000 of equipment. Rates are based on a Rate Card for $1.00 out and FMV lease transactions.
The large school and district – wide school lease program assists schools with lease transactions over $150,000 of equipment cost. We will provide custom lease quotes for any lease request.
The short term rental program is a 2 year FMV school lease program requiring 2 annual payments followed by a capped FMV purchase option. A simplified approved rental document is used.
The diocese program is designed to assist parochial schools to lease Apple products. The program has two tiers: one tier is for competitive diocese transactions; the other tier is for the dioceses with litigation considerations.
